May 18, 2016

December 16, 2010

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Saying its need for electricity can be filled in other ways, Evansville-based Vectren Corp. announced yesterday that it will not go forward with a southwestern Indiana coal gasification project it planned with Duke Energy Corp.

Vectren instead will turn to buying power, according to the Evansville Courier & Press. The company also will rely more on natural gas peaking generation, renewable resources and persuading customers to conserve.

The $2 billion, 630 megawatt plant, which is to be built near Edwardsport, was expected to cost Vectren $400 million. Vectren would have had an option to own 20 percent of the project, which would replace a Duke plant at the site.

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On Tuesday, April 24 IBJ & Indiana University will host Education-to-Employment (E2E) Convergence, a panel discussion focused on how Indiana can build a talent strategy around a more highly educated workforce. E2E will identify examples of successful partnerships to better integrate college graduates into our workforce from around the state. Register today.